· Philip Lowe Wiki · Reserve Bank of Australia WikiRemarks at the Reserve Bank Board Dinner
Read full speech on bis.org ↗ContextRemarks at the Reserve Bank Board dinner in Perth; the Reserve Bank of Australia pursues low inflation and full employment and meets local business leaders.
Why it mattersLowe keeps further hikes possible as inflation stays too high.
Problems raised
- Inflation remains too high.
- The pandemic disrupted Board meetings.
- The economy is uncertain.
Solutions proposed
- Tighten further if needed.
- Engage with regional communities.
- Return inflation to target.